Abstract: The rural policy-oriented financial institutions, rural commercial financial institutions and rural cooperative financial institutions are the important members of China’s rural financial system. But the problems such as the lack of innovation capability, the imbalance between demand and supply of funds have always hindered the development of rural finance. So the rural finance is still the weakest link in China’s financial system. Then, from the perspective of practical application, the countermeasures were put forward including accelerating the reform of various financial institutions in rural areas, encouraging the development of rural private financial institutions, etc.